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Post by Frank Reynolds on Sept 11, 2018 13:41:56 GMT -5
While that's an interesting take, I am a CFP and do this for a living. Think about the average 65 year old... he/she has a 70 percent chance to make it to 85-90. So... based upon what you are saying I would have 3-4 years savings in short term fixed income, the remainder in equity. It must last 25-30 years. So if you need say $65K a year from your investments and you have say $1.5 million, I would have about $250-300K in short term bonds earning 2-3 percent the rest would be in quality stocks. If you had $2 million.. same thing only 250-300K in short term.
GREAT advice to all.. listen to Bob Brinker. STREAM him on Sunday from 4 to 7. bobbrinker.com. BEST investment advice , no close seconds. He's a big fan of Bogle and Vanguard. I listen to him from a New Hampshire station I stream as he is not in Charlotte.I'll check him out, thanks! Im no expert, but Ive heard some say your portfolio should have roughly your age in % in bonds, and the rest stock? So a 40 yr old should be around 60% stock, 40% bonds but that sounds maybe a little conservative. The nice thing about the Bogle approach and Vanguard is that the fees are extremely low. I don't pay any fees with vanguard. Just meet their requirements. Some funds require you to stay in for a certain amount time or they hit you with an early termination fee, but other than that, nothing. No management or performance fees at all. |
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Post by southparkcpa on Sept 11, 2018 13:45:42 GMT -5
I'll check him out, thanks! Im no expert, but Ive heard some say your portfolio should have roughly your age in % in bonds, and the rest stock? So a 40 yr old should be around 60% stock, 40% bonds but that sounds maybe a little conservative. The nice thing about the Bogle approach and Vanguard is that the fees are extremely low. I don't pay any fees with vanguard. Just meet their requirements. Some funds require you to stay in for a certain amount time or they hit you with an early termination fee, but other than that, nothing. No management or performance fees at all. Dude... they ALL have fees. How do you think Vanguard pays the rent? Vanguards fees are almost nothing but look it up. The total market index has fees of 14 basis points. That is LOW but they are their. |
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Post by Frank Reynolds on Sept 11, 2018 13:55:15 GMT -5
I don't pay any fees with vanguard. Just meet their requirements. Some funds require you to stay in for a certain amount time or they hit you with an early termination fee, but other than that, nothing. No management or performance fees at all. Dude... they ALL have fees. How do you think Vanguard pays the rent? Vanguards fees are almost nothing but look it up. The total market index has fees of 14 basis points. That is LOW but they are their. I'd imagine through whatever profits they're making off the pool of money they have coming in and constantly trading. Whatever they're taking out, it must be before the price they're cutting every day. |
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Post by 2foolish on Sept 11, 2018 14:34:22 GMT -5
i'm in Vangaurds stock fund and i'm staying put...
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Post by quantum on Sept 11, 2018 15:00:38 GMT -5
It's easy to grin when your ship comes in and you've got the stock market beat. But the man worthwhile is the man who can smile when his shorts are too tight in the seat. Thank you, Judge. And that hat still looks good on you. |
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Post by Ff2 on Sept 12, 2018 9:16:43 GMT -5
I've found the trick with stocks is to buy low and sell high.
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Post by bxjetfan on Sept 12, 2018 9:20:00 GMT -5
I've found the trick with stocks is to buy low and sell high. Good, cuz none of us want you showing up at our doors like Felix. |
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Post by 2foolish on Sept 20, 2018 17:59:16 GMT -5
I've found the trick with stocks is to buy low and sell high. Good, cuz none of us want you showing up at our doors like Felix. all time high today.... |
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Post by bxjetfan on Oct 24, 2018 16:30:17 GMT -5
🙈🙉🙊
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Post by Frank Reynolds on Oct 24, 2018 16:46:27 GMT -5
Someone want to bump that approaching 25k thread again? It's become relevant again.
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Post by Ff2 on Oct 24, 2018 17:53:43 GMT -5
You can’t just think about all this when the market goes down....and your strategy cannot be based on it going up or down. You should already have a long term strategy in place. It’s not about politics either, it’s about business. Politics comes and goes.
As has been said, if you can’t handle 20 percent swings, you shouldn’t be in the market.
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Post by BEAC0NJET on Oct 25, 2018 9:36:08 GMT -5
Might be a good idea to buy  |
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Post by bxjetfan on Nov 24, 2018 9:56:56 GMT -5
Still out.
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Post by bxjetfan on Dec 4, 2018 22:00:13 GMT -5
Bad day and I think its gonna get bloody in the next month. Park your dough on the sidelines for the near future.
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Post by BEAC0NJET on Dec 5, 2018 10:11:01 GMT -5
Maybe if Tariff Man would stop tweeting... every time he does lately, touting his tariffs, the market takes a short term tumble it seems.
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